For Sale Multi-Family MLS# 7140287

2721 Columbus Avenue

Minneapolis, MN 55407

$399,900

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About 2721 Columbus Avenue

Excellent opportunity for an owner-occupant or investor in this four-unit Minneapolis residential income property. Unit #1 is now vacant, providing the option for a buyer to move in while generating income from the remaining units. The property consists of two 1-bedroom units and two studio units, each with a full bath.

Units feature hardwood floors, natural woodwork, solid-surface countertops, ranges, and refrigerators. The shared full basement provides additional storage along with free laundry for residents. Four detached single-stall garages provide valuable off-street parking and may be leased separately for additional income potential.

Major recent improvements include a new electrical main, new boiler, and new roofs on both the house and garages. Conveniently located near public transit, neighborhood businesses, dining, parks, and downtown Minneapolis.

Property details

Property

Type
Fourplex
MLS type
Multi Family Home
Status
Active
Year built
1906
Stories
Two
Living area
2,658 sqft
Price / sqft
$150
Lot
0.12
Original price
$399,900
MLS #
7140287

Interior

Features
Boiler, Lower Level, Full, Shared Access, Storage/Locker, Storage Space, Unfinished
Heating
Boiler
Laundry
Lower Level

Exterior & lot

Features
Stone, Stucco, Detached Garage, Multiple Garages, Storage
Construction
Two, Brick/Mortar, Stone, Age 8 Years or Less
Roof
Age 8 Years or Less
Foundation
Brick/Mortar, Stone
Lot
3502924320332, Chain Link, Wood, Level
Fence
Chain Link, Wood
Parking
Detached Garage, Multiple Garages, Storage
Garage spaces
4

Schools

District
Minneapolis Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected, Circuit Breakers, 200+ Amp Service
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$5,916
Tax year
2025
Parcel
3502924320332

Location

Subdivision
Woodburn Add
County
Hennepin
Neighborhood
Phillips West
Community
Hennepin, City Street, Laundry, Other, Security Lighting, northstar, Minneapolis
Directions
26th to Columbus, S to property.

Location

Neighborhood
Phillips West
Subdivision
Woodburn Add
School district
Minneapolis Public School District

Ask about this property

Questions on 2721 Columbus Avenue, Minneapolis, MN 55407, or want to see it in person?

Listed by Timothy L Fisher, Keller Williams Realty Integrity Lakes

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.